Property prices for sale in Framingham (Massachusetts)
The prices in real estate in Framingham, in the Massachusetts region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Framingham has increased during the last 6 months. In October, the average price per sq.feet was $341. In the following month the price per sq.feet increased to $363. In the following two months the price per sq.feet has increased 108 %, going from $352 to $378.5 per sq.feet. The price per sq.feet has increased 108 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $365.25 to $394.5 during February, and March.
Based upon to the price in Framingham (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $643,050. In November This price remains at $661,363. During the following two months (December, January) the price has had an average incrementation from $652,206.5 to $686,403.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $669,305 to $612,304 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $581,317 they are 66 % more affordable than the average price for Framingham. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $585,000.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $374 / sq.feet, with an average $394 / sq.feet price in Framingham. The properties with the highest average prices have 2 bedrooms. They are 8 % more expensive than the average followed by properties with 1 bedroom with a price at $415 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $581,317 it is 47 % cheaper than the average price in Framingham. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $659,620 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $228 / sq.feet followed by "House" priced at $369 / sq.feet. "Duplex" is the most costly type of property with a $1,566 / sq.feet cost followed by "Condo" with an average price of $420 / sq.feet.
